Monday, September 20, 2010

Floor Plans available on request

Dear valued clients,

Previously we were informed that there would be a physical queue for the Esparina project.
Further clarifications by the developer has confirmed that it will be a balloting process.

Mode Of Sales

The Mode of Sales for Esparina Residences on public launch date (8th Oct 2010) will be by way of BALLOTING to enter into showflat for booking an unit and / or showflat viewing.


Sequence Of Events

1st - 5th October 2010 (Friday to Tuesday) 11am to 7pm
- Showflat open for public viewing.
- Pre-registration for E-Application (Eligibility Check) on site.
- Eligible applicants will be given a "ballot number" for each family nucleus.
- "ballot number" needs to drop into the balloting box placed on site.

(kindly contact me at 9436-7795 before hand, I will facilitate the process. note that no commission will be payable by client.
Our commission will be given by developer. Feel free to use my service. )

6th October 2010 (Wednesday)
- Grassroots Organisations (GRO) Selection.


7th October 2010 (Thursday)
- Showflat closed.


8th October 2010 (Friday) 9am
- Public Launch will start on 8 October 2010.
- Balloting will start at 9am SHARP on site.
- Sequence of entry into showflat for booking / viewing will be by way of balloting of the "ballot number".

Monday, September 6, 2010

Steps to consider for EC

Step 1: EC Eligibility checking

a) Eligibility Checklist form
Pls see form at this link from HDB

b) Particulars of Proposed Applicant(s) and Occupier(s) form
- Please prepare a copy of all relevant supporting documents.
i) Proof of Identity/Citizenship
ii) Proof of Relationship/Marital Status
iii) Proof of Income

c) Registration of Interest form
- Should you want to register their interest by submitting a cheque, please be informed that submitting a cheque does not constitute priority queuing, booking or confirmation of any unit and the mode of booking on the Launch Date will be in form of walk-in selection i.e. first come first serve.

- Cheque to be drawn in favour of:

"Malayan Banking Berhad for credit of FCL Compassvale Pte Ltd Project Account No. 04011032023"


Step 2: Obtain Financing advice from bank(s)

Please obtain financing advice from bank(s) on the the loan amount you can borrow for the purchase of an EC.

The Appointed Banks for ESPARINA RESIDENCES are OCBC and UOB.


Step 3: Submission of forms, relevant supporting documents and cheque

Please submit a PHOTOCOPY set of all duly SIGNED forms, relevant supporting documents and cheque to US.


Step 4: Submit e-application on actual site (1st to 5th October 2010)

There will be a tentage setup between 1st to 5th October 2010 (Friday to Tuesday) on the actual site for e-application submission.

Please meet me at the tentage with all relevant supporting documents during the above stated period to do your e-application submission.


Step 5: Actual Launch Day (8th October 2010)

Please come down with all relevant supporting documents and cheque on the Actual Launch Day. The mode of booking on the Launch Day will be in form of walk-in selection i.e. first come first serve.


For interested buyers, you can write seperately to me and request for:

1) Fact sheet
2) Eligibility Checklist Form
3) Eligibility To Buy Executive Condominiums (Guides)
4) Particulars of Proposed Applicant(s) and Occupier(s) Form
5) Documents Checklist
6) Registration of Interest Form
7) OCBC Income Eligibility
8) Payment Scheme Schedule

Thursday, August 26, 2010

Quick way to calculate stamp duty for purchase/buying Singapore Property

First $180,000 at 1%
Next $180,000 at 2%
Thereafter, 3% for remaining property price

For property price more than $360k,
a 'short-cut' method is to consider the 3% rate,
then subtract the 1% of 180K and 2% of 180K which works out to be $5,400.

Example:
Property Price = $1,000,000

Stamp duty calculation
(3% * $1,000,000)- 5,400
= $24,600

Thursday, August 19, 2010

ESPARINA RESIDENCES (D19 Sengkang EC @ Compassvale Bow)


Targeting Launch Details

Grassroots Organisations (GRO) Selection Date: 6th October 2010 (Wednesday)

Public Launch Date: 8th October 2010 (Friday) Onwards

Indicative Price Range

Based on our own analysis, the below might be the indicative price range for the varies unit types. However, please note that the final pricing will still subject to developer's discretion and confirmation.


2 Bedroom: $600K to $700K

3 Bedroom Compact: $700K to $800K

3 Bedroom + Utility / 3 Bedroom Dual-key: $800K to $900K

4 Bedroom + Utility / 4 Bedroom Dual-key: $950K to $1.1M

Penthouses: $1.1M to $1.3M


Payment Scheme: Normal Payment Scheme only

ESPARINA RESIDENCES (D19 Sengkang EC @ Compassvale Bow)


Targeting Launch Details

Grassroots Organisations (GRO) Selection Date: 6th October 2010 (Wednesday)

Public Launch Date: 8th October 2010 (Friday) Onwards

Indicative Price Range

Based on our own analysis, the below might be the indicative price range for the varies unit types. However, please note that the final pricing will still subject to developer's discretion and confirmation.


2 Bedroom: $600K to $700K

3 Bedroom Compact: $700K to $800K

3 Bedroom + Utility / 3 Bedroom Dual-key: $800K to $900K

4 Bedroom + Utility / 4 Bedroom Dual-key: $900K to $1M

Penthouses: $1M to $1.3M


Payment Scheme: Normal Payment Scheme only

Tuesday, August 17, 2010

Executive Condominium (EC) By Frasers Centrepoint @ D19 Compassvale Bow (Sengkang)

Having received many enquiries on this project,

I will like to share this checklist with all valued clients:

Citizenship
You must be a Singapore Citizen
Your family nucleus must comprise at least another Singapore Citizen or Singapore Permanent Resident.

Age
You must be at least 21 years old at the time of application
If you are buying an Executive Condominium (EC) under the Joint Singles Scheme, you must be at least 35 years old

Income Ceiling
Your gross monthly household income must not exceed $10,000

Ownership in Private Property

You, your spouse, any occupiers listed in the Application Form or their spouses must not own or dispose or have an estate or interest in any other flat, house, building or land*
Within 30 months before the date of application, and
Between the application date and the date of taking possession of the EC


Owners/Ex-owners of HDB flats / DBSS flats / EC units

Each eligible Singaporean household can buy the following housing unit only twice:

a flat from the HDB;
a resale flat with the CPF Housing Grant;
a DBSS flat from developer;
an EC unit from developer.


First-timer Applicants

You and the essential family members listed in the application for purchase of the flat must not:
Be the owners of a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought from the developer
Have sold a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought from the developer
Have received the CPF Housing Grant for the purchase of an HDB resale flat
Have enjoyed other forms of housing subsidy (for example, enjoyed benefits under the Selective En bloc Redevelopment Scheme, privatisation of HUDC estate etc)


Higher Quota of the EC Supply for First-time Applicants during Initial Launch Period

The developers will set aside 95% of the supply for first-timers during the initial launch period.



Type of Scheme

(1) Public
You, the applicant and;
Your spouse, and children (if any)
Your parents, and siblings (if any)
Your children under your legal custody, care and control (for widowed/ divorced)

(2) Fiancé/Fiancée
You, the applicant and your fiancé/fiancée

(3) Orphan
You, the applicant and;
Your unmarried siblings, or
Another single unrelated orphan

(4) Joint Singles
You, the applicant and another single person

For more info, please refer to:
http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatEC?OpenDocument

Location
Buangkok Drive / Compassvale Bow

Leasehold
99 years

Site Area
19,000 sqm (Approxi. 204,516 sqft)

Proposed Executive Condominium Development comprising 9 Blocks of 18 storey residential flats with recereational facilities

Approx. 573 units

2 bdrm / 3 Compact / 3 bdrm with Utility Room / 3 bdrm Dual-Key /

4 bdrm with Utility Room / 4 bdrm Dual-Key / Penthouses


Unigue Selling Points:

3 mins walk to Buangkok MRT Station

3 MRT stations to Future Serangoon MRT Interchange (North-East & Circle Line) / NEX Mega Shopping Mall

Approx. 15 - 20 mins MRT ride / drive to City centre and CBD

Proximity to shopping malls
(Compass point, Rivervale Mall, Hougang Plaza, Hougang Mall, Upcoming NEX Mega Shopping Mall)

Good Schools like Montfort Secondary School, Convent of the Holy Infant Jesus (CHIJ)


Future Investment Potential:
Punggol Waterfront Promenade
Aerospace Industry Cluster & Seletar Airport
Capital Appreciation

Friday, August 13, 2010

Executive Condominium (EC) By Frasers Centrepoint @ D19 Compassvale Bow (Sengkang)


Tentative Launch Details:

Grassroots Organisations (GRO) Selection Date:
6th October 2010 (Wednesday)

Public Launch Date:
7th October 2010 (Thursday) Onwards


Location
Buangkok Drive / Compassvale Bow

Leasehold
99 years

Site Area
19,000 sqm (Approxi. 204,516 sqft)

Proposed Executive Condominium Development comprising 9 Blocks of 18 storey residential flats with recereational facilities

Approx. 573 units

2 bdrm / 3 Compact / 3 bdrm with Utility Room / 3 bdrm Dual-Key /

4 bdrm with Utility Room / 4 bdrm Dual-Key / Penthouses


Unigue Selling Points:

3 mins walk to Buangkok MRT Station

3 MRT stations to Future Serangoon MRT Interchange (North-East & Circle Line) / NEX Mega Shopping Mall

Approx. 15 - 20 mins MRT ride / drive to City centre and CBD

Proximity to shopping malls
(Compass point, Rivervale Mall, Hougang Plaza, Hougang Mall, Upcoming NEX Mega Shopping Mall)

Good Schools like Montfort Secondary School, Convent of the Holy Infant Jesus (CHIJ)


Future Investment Potential:
Punggol Waterfront Promenade
Aerospace Industry Cluster & Seletar Airport
Capital Appreciation